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    1420 Logan Ave Laredo Ranchettes, TX 78043

    For Sale
    $275,000

    8,488 SF Medical Office - $275K

    Property size:
    8,488 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This 8,488 square foot medical office building, located at 1420 Logan Ave in Laredo, Texas, presents a unique investment opportunity. Currently vacant, the property is priced to sell at $275,000, or $32.40 per square foot. The single-story building is classified as Class D and sits on a B-1 zoned lot, offering flexibility for various uses including medical, office, or redevelopment. The property includes 20 parking spaces, providing ample convenience for patients or employees. While the building requires repairs and remodeling, this presents a chance to add value through renovations. The property is being sold "as is," and prospective buyers are responsible for verifying all aspects of the property during their due diligence period. At least two hours' notice is required for showings. Located in Laredo Ranchettes, Webb County, Texas, zip code 78043, this property offers significant potential for the right investor. All offers will be considered.

    Property Features for 1420 Logan Ave

    General Information

    Property type
    Medical offices
    Square Feet
    8,488 SF
    Class
    D

    Building Details

    Stories
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rodriguez IV Francisco ... Psychiatrist Dr. Richard Illes, ... Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laredo Ranchettes
    County
    Webb
    State
    Texas
    Longitude
    -99.2563859
    Latitude
    27.5455097

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    FAQs

    What type of property is this?
    Medical office - 8,488 SF Medical Office - $275K
    Where is this medical office located?
    The property is located at 1420 Logan Ave Laredo Ranchettes, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    Request Owner's contact information
    1420 Logan Ave Laredo Ranchettes, TX 78043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1420 Logan Ave Laredo Ranchettes, TX 78043
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